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(UBER), (BNTX) - Want To Send Christmas Packages, Treats To Loved Ones? Uber Could Have The Secret Santa Solution

Share: The COVID-19 pandemic has led to a surge in online purchasing and the need to use logistics companies to ship COVID-19 vaccines during the holiday season and the surge in online orders is causing a perfect storm. What Happened: Logistics companies United Parcel Service (NYSE: UPS) and FedEx Corporation (NYSE: FDX) are both part of the U.S. operation to deliver the COVID-19 vaccine from Pfizer Inc (NYSE: PFE) and BioNTech (NASDAQ: BNTX). UPS will deliver to the western states and UPS to the eastern states, according to FreightWaves. Rideshare company Uber Technologies (NYSE: UBER) is now seeking to be part of the holiday shopping surge by offering package delivery for its users.

Uber Egypt achieves 80 per cent recovery rate

Uber Egypt achieves 80 per cent recovery rate Uber Egypt has achieved a recovery rate of 80 per cent, Uber Egypt’s general manager Ahmed Khalil announced at RiseUp Summit 2020, adding that the company looks to fully recover next year.  Shortly after Covid-19 began spreading across the world, the company shut down its food delivery business Uber Eats in several markets, including Egypt, in an attempt to preserve costs and avoid more losses, especially after the company’s ride-hailing services were dramatically affected by the subsequent lockdown.  “In Egypt, we had to shut down one of our two businesses, which came as part of a global push to focus our resources in our top markets,” said Khalil.

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